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Coincover

Digital asset protection & security

Coincover logo
21-100 employees
  • Fintech
  • B2C
  • B2B
  • Cryptocurrency
  • Security
  • Insurance
  • Cyber Security
  • Blockchain
  • Fraud
Newtown, Cardiff, UK

Company mission

Coincover's mission is to make cryptocurrency safe for everyone to hold and use.

Top investors

Our take

Pretty much everyone’s come across a horror story involving lost crypto assets, from misplaced wallet keys to hacked accounts. In fact, the lack of protection and recourse in these instances has been one of the main obstacles in cryptocurrency’s entrance into the mainstream.

Coincover is on a mission to make crypto assets safer to own by offering businesses and individual wallet holders a range of security products and insurance coverage should the worst happen. Crucially, its products are underwritten by Lloyd’s of London.

Despite only launching in 2018, Coincover has shown strong growth, gaining high profile clients like BitGo and Fireblocks. The fact that its co-founders both previously worked on The UK Royal Mint’s crypto and blockchain projects has no doubt helped in establishing this presence, as well as in securing the impressive investment so far received by the company, which will go toward hiring, product updates, and pursuing partnerships.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Benefits

  • The chance to make a big difference from day one
  • Flexible and remote working available
  • The opportunity to develop the role and make it your own
  • Exposure to a high-growth business and all it entails
  • Self-driven development opportunities
  • Bonus scheme
  • Share options available
  • Central office in Cardiff

Company values

  • Smart Simplicity – We want to do things in the simplest way possible. We’re continually improving our ways of thinking and working.
  • Ambitious – We’re ambitious. Very ambitious. We’re always striving to do our best for our customers and for each other.
  • Making it Happen – No hidden meanings here. We do what we say we’re going to do. We make things happen, we get things done. It’s that simple.

Funding (last 2 of 3 rounds)

Feb 2023

$30m

EARLY VC

Jul 2021

$9.2m

SERIES A

Total funding: $39.8m

This company has top investors

Leadership

Spent five years working in Blockchain at The Royal Mint for the UK government, defining and creating a digital gold currency in conjunction with CME Group.

Before co-founding Coincover they cofounded Hiddenfield, a cybersecurity consultancy with crypto, government, law enforcement and defence clients. Also worked for Cryptonomy on the Royal Mint Gold blockchain project.